Global Green (Thailand) Price on November 18, 2024
GGC Stock | THB 4.56 0.06 1.33% |
If you're considering investing in Global Stock, it is important to understand the factors that can impact its price. As of today, the current price of Global Green stands at 4.56, as last reported on the 2nd of December, with the highest price reaching 4.56 and the lowest price hitting 4.54 during the day. Global Green is out of control given 3 months investment horizon. Global Green Chemicals holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We were able to break down twenty-three different technical indicators, which can help you to evaluate if expected returns of 15.88% are justified by taking the suggested risk. Use Global Green Chemicals Standard Deviation of 1.81, market risk adjusted performance of 0.4816, and Risk Adjusted Performance of (0.04) to evaluate company specific risk that cannot be diversified away.
Global Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Global |
Sharpe Ratio = 0.126
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Estimated Market Risk
126.0 actual daily | 96 96% of assets are less volatile |
Expected Return
5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Global Green is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Global Green by adding it to a well-diversified portfolio.
Global Green Valuation on November 18, 2024
It is possible to determine the worth of Global Green on a given historical date. On November 18, 2024 Global was worth 4.54 at the beginning of the trading date compared to the closed value of 4.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Global Green stock. Still, in general, we apply an absolute valuation method to find Global Green's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Global Green where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Global Green's related companies.
Open | High | Low | Close | Volume | |
4.70 | 4.70 | 4.50 | 4.50 | 30,302 | |
11/18/2024 | 4.54 | 4.56 | 4.54 | 4.54 | 7,002 |
4.46 | 4.58 | 4.46 | 4.58 | 13,000 |
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Global Green Trading Date Momentum on November 18, 2024
On November 19 2024 Global Green Chemicals was traded for 4.58 at the closing time. The maximum traded price for the trading interval was 4.58 and the lowest daily price was 4.46 . The daily volume was recorded at 13 K. The volume of trading on 19th of November 2024 played a part in the next trading day price upswing. The overall trading delta to the next closing price was 0.88% . The overall trading delta to the closing price today is 1.32% . |
Global Green Chemicals Fundamentals Correlations and Trends
By evaluating Global Green's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Global Green's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Global financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Global Green Stock history
Global Green investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Global is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Global Green Chemicals will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Global Green stock prices may prove useful in developing a viable investing in Global Green
Global Green Chemicals Public Company Limited produces and distributes oleochemicals in Thailand, the Peoples Republic of China, India, Korea, and internationally. Global Green Chemicals Public Company Limited is a subsidiary of PTT Global Chemical Public Company Limited. GLOBAL GREEN operates under Chemicals classification in Thailand and is traded on Stock Exchange of Thailand.
Global Green Stock Technical Analysis
Global Green technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Global Green Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Global Green Chemicals cannot be verified against its exchange. Please verify the symbol is currently traded on Thailand Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Global Green December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Global Green stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Global Green shares will generate the highest return on investment. By undertsting and applying Global Green stock market strength indicators, traders can identify Global Green Chemicals entry and exit signals to maximize returns
Global Green Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Global Green's price direction in advance. Along with the technical and fundamental analysis of Global Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Global to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.04) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.43) | |||
Treynor Ratio | 0.4716 |
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Other Information on Investing in Global Stock
Global Green financial ratios help investors to determine whether Global Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Global with respect to the benefits of owning Global Green security.